Designation: Costing Manager - Material Controller
Job Type: Contractual (6 Months)
Location: Hinjewadi Phase 1, Tal. Mulshi, Pune
Experience: 8–10 Years
Qualification: ACCA/ CMA
Shift Timing: 9:30 AM – 6:30 PM
Working Days: 5 Days (On-site)
Mission Of The Job
Responsible for controlling material costs, analyzing product profitability, and supporting business decisions through financial analysis and cost management.
Tasks & Responsibilities
- Plan and implement systems and processes to support business growth.
- Establish strong working relationships with business partners across the organization.
- Act as a finance business partner for all product groups.
- Prepare statistical analyses of business plans, financial results, and management reports.
- Prepare and analyze business cases aligned with the organization's growth plans.
- Compile, review, and monitor business cases and financial scenarios to support strategic business decisions.
- Perform monthly cost runs and maintain annual costing rates.
- Collaborate with cross-functional teams on routing times and capital expenditure (CapEx) initiatives to improve profitability.
- Analyze product-wise profitability and recommend improvement opportunities.
- Work closely with the Supply Chain Management (SCM) team on inventory control, slow-moving inventory, and Net Realizable Value (NRV) analysis.
- Support the CFO, Managing Director, and Business Unit Heads in strategic decision-making.
- Manage HK1 and beyond HK1 costing activities.
- Prepare feasibility analyses to assess the financial viability of new projects.
- Prepare Business Unit and product group variance reports, including Actual vs. Budget vs. Business Case analysis.
- Drive profitability improvement initiatives by supporting operational excellence, investment planning, and business growth strategies.
- Contribute to the annual budgeting process with detailed analysis of revenue and profitability for each Business Unit and product group.
- Perform contribution margin analysis.
- Working knowledge of SAP is mandatory.
Soft Skills
- Strong analytical skills with a logical and structured approach to problem-solving.
- Ability to work with a high degree of accuracy and attention to detail.
- Flexible and adaptable to changing business priorities and tight deadlines.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across functions and leadership levels.
- Self-motivated with strong business acumen and decision-making capabilities.
- Proficient in Microsoft Excel and PowerPoint.
- Exposure to automation and Business Intelligence (BI) tools such as Power BI and Tableau is preferred.
